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Koios Beverage (XCNQ:FIT) ROC (Joel Greenblatt) % : 1,997.72% (As of Feb. 2024)


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What is Koios Beverage ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Koios Beverage's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 1,997.72%.

The historical rank and industry rank for Koios Beverage's ROC (Joel Greenblatt) % or its related term are showing as below:

XCNQ:FIT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17579.08   Med: -1821.74   Max: -40.63
Current: -40.63

During the past 13 years, Koios Beverage's highest ROC (Joel Greenblatt) % was -40.63%. The lowest was -17579.08%. And the median was -1821.74%.

XCNQ:FIT's ROC (Joel Greenblatt) % is ranked worse than
92.12% of 1904 companies
in the Consumer Packaged Goods industry
Industry Median: 11.85 vs XCNQ:FIT: -40.63

Koios Beverage's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Koios Beverage ROC (Joel Greenblatt) % Historical Data

The historical data trend for Koios Beverage's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Koios Beverage ROC (Joel Greenblatt) % Chart

Koios Beverage Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,109.23 -1,821.74 -1,874.62 -17,579.08 -2,086.91

Koios Beverage Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,064.10 -387.98 -876.30 -836.32 1,997.72

Competitive Comparison of Koios Beverage's ROC (Joel Greenblatt) %

For the Packaged Foods subindustry, Koios Beverage's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Koios Beverage's ROC (Joel Greenblatt) % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Koios Beverage's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Koios Beverage's ROC (Joel Greenblatt) % falls into.



Koios Beverage ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Nov. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.088 + 0.192 + 0.429) - (2.284 + 0 + 0.033)
=-1.608

Working Capital(Q: Feb. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.018 + 0.159 + 0.083) - (2.514 + 0 + 0.031000000000001)
=-2.285

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Koios Beverage for the quarter that ended in Feb. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2023  Q: Feb. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17.5/( ( (0.876 + max(-1.608, 0)) + (0 + max(-2.285, 0)) )/ 1 )
=17.5/( ( 0.876 + 0 )/ 1 )
=17.5/0.876
=1,997.72 %

Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Koios Beverage  (XCNQ:FIT) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Koios Beverage ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Koios Beverage's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Koios Beverage Business Description

Traded in Other Exchanges
Address
1890 – 1075 West Georgia Street, Suite 810, Vancouver, BC, CAN, V6E 3C9
Koios Beverage Corp is a beverage company, which is engaged in the business of producing nutritional beverage drinks using a proprietary blend of nootropics and natural organic compounds. The products of the company includes, sparkling brain energy drink, fit soda, merch, hat, iphone cases and others.
Executives
Gina Marie Burrus Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Christopher Blake Ewing Miller Director, Senior Officer
Sherron Lewis Director

Koios Beverage Headlines

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